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Brief Exercise 11-06 Coronado Inc. owns the following assets. Estimated Useful Asset Cost Salvage Life A $71,200 $7,120 10 years B 51,800 5,180 5
Brief Exercise 11-06 Coronado Inc. owns the following assets. Estimated Useful Asset Cost Salvage Life A $71,200 $7,120 10 years B 51,800 5,180 5 years C 91,840 4,480 12 years Compute the composite depreciation rate and the composite life of Coronado's assets. (Round answers to 1 decimal place, e.g. 4.8% or 4.8 years.) Composite depreciation rate Composite life % years
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Cost Accounting A Managerial Emphasis
Authors: Charles T. Horngren, Srikant M. Datar, George Foster
12th edition
131495380, 978-0131495388
